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". it's financed by the united arab emirates, and it takes direct aim at natural gas and oil shale fracking. financed by a middle east oil producer. hollywood, why does hollywood always demonize in big business and capitalism and reason magazine? and if hollywood would stay the hell out of that industry, the boom going on in energy in this country would continue. i'm larry kudlow. we'll be right back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care..
off. do not mess with the credit rating with the united states of america. however, you can race the debt ceiling and cut spending at the same time. on top of that, you kcan fix th $2 trillion situation. that is my take. charlie wrangle from new york and i begin with you. i don't understand why that can't be done. you can get that done. you are one of my buddies, but i object to you using the default. you have enough cash flow and the vast majority. i hate that argument. i know. but it is wrong to call it default. >> why not avoid default all together. because i believe it distorts the rest of the debate the good congressman and i need to have. >> cutti inting spending, i don want to get hung up on default. it is all bad. welcome back, sir, why can't we have our cake and eat it too? why can't we compromise with spending cuts at the same time too? >> we can do it as long as we recognize it is apples and oranges. our obligation has nothing to do with our inability to govern our own spending and taxes. but anytime one tries to hold it, that is when it is wrong. whatever you want to
where he says i'm the united states senator, i took an oath to our constitution, not to israel. well, who was he saying that to? >> that's an incredible slap, eliot. >> yeah. >> i read with great interest your rendition of the story. that was an usa operation working very, very well with an israeli leader and israeli general or something like that which he closed down. but this thing what you just said now, can you repeat that? because nobody talks like that nowadays. nobody talks like that. >> right. this was an interview he did a couple of years ago where he said -- this is the one where he used the term jewish lobby. but he also said, you know, i'm a united states senator, i'm not an israeli senator and i took an oath to pour constitution. one of the problems if the senate says okay to this is what it's saying okay to really is a new level of anti-jewish rhetoric. this is something we had driven out of public life. you can disagree about policy with respect to israel, but that's a challenge of dual loyalty. >> and from what i gather, senators like chuck schumer and menendez and ot
batteries. united airlines has already announced it will comply with the order, they have no choice to do so. remember also boeing is a dow component and selling off in the aftermarket and remember this is all related to the recent spate of incidents on board the 787 both here and the united states and in japan. there's been fires in the cockpit on two occasions and fuel leaks as well. our phone phil lebeau will join us with this story. now back to the headline story, president obama called on congress to further restrict assault weapons and limit ammo magazines today. marking the broadest push for gun control in a generation we have cnbc eamon javers who is here to join us with the details. >> reporter: it was an emotional event over at the white house. the president flanked by small children announcing his proposals on gun violence announcing a new assault weapons ban, limits on magazine sizes, enhanced background checks and access to mental health. the president said however that lawmakers up on capitol hill have a stark choice to make. >> what's more important? doing whatever it takes to
on constitutional grounds based on the 14th amendment to the constitution which says that the debt of the united states shall be respected. so their argument would be in that case that it is simply unconstitutional to have a debt ceiling at all. and they say that congress -- the president rather would be able to do that without invoking congress or meeting congress in any way. >> section 4, 14th amendment, validity of the public debt of the united states shall not be questioned. that's the exact wording. doesn't say increased. it says it cannot be questioned. but then law, constitutional law scholars are saying to everybody, it is constitutional to have the congress make the debt changes. they are allowed to do that. the 14th amendment has nothing to do with that. in fact most of the 14th amendment, due process, equal protection and citizenship clause is about giving african-americans the right to vote, live and prosper in the united states. >> right. that's right. and clearly if the president was to do what they call the constitutional option that the democrats are raising here as a possibility
. >>> if he is going to abide by we don't want you playing around with the united states relationship. he's going to have to be a lot more kinder and gentler to this president who won and overwhelming mandate to avoid going to war with iran. if you catch the president's speech and his address there were lines in there that made it clear that the president is going to walk the extra mile to see if he can engage iran rather than go to war with iran. >> i'm sure that he will. i'm sure that the president of the united states will have that military option still on the table. larry, the key here is that it is quite evidence that he doesn't have the strength or the political power to force the president of the united states hand when it comes to iran the way that he had it going into the primaries. it is evidence that the public will not stand on him playing politics on israel's security by undermining israel's relationship with the white house. one of the lines in the inaugural speech. let's stay on that, it is possible according to mr. obama to win the peace without having a war. that is the
noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> look at this. this is the signature of the man who could be the next treasury secretary. can you read it? it'll be all our money soon. but penmanship is the least of his problems. we'll talk more about that coming up. >>> and if you think you've heard it all, then listen to this. there really are some people calling the government to mint a $1 trillion coin to get us out of the debt mess. a platinum coin. are they serious? magic coin? is this going to be a banana republic? what is this super mario brothers? we're going to have the whole story coming up in a few minutes. at 1:45, the aflac duck was brought in with multiple lacerations to the wing and a fractured beak. surgery was success
some hesitation. the big story tonight is that republicans are going to unit behind mcconnell. going to leave it there. thank you gentlemen. we are going to go back to washington and get an update on this developing story. that comes later. don't forget folks free market capitalism is the best path to prosperity. it means limited government and limited government spending and rewarding success. i'm kudlow and the kudlow report will be right back. >> this new year's day kick off 2013 in style with the look at what made 2012 unforunforgettab. the new year's day marathon all day on cnbc. nderstand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 location
, brian shactman is reporting a lot of the banks have had tremendous performance, united technologies is doing well, staples, pfizer, 3m, johnson & johnson doing well, transports, unbelievable what the transports are doing, airlines, trucks, railroads. in other words, there's so much balance -- i know there's a correction but with all this balance isn't the foundation solid, don luskin? >> it is. it's fine. i'm not trying to tell you that u.s. stocks are going to go down in 2013, i'm just telling you there are faster horses on this track. i was fascinated by the question of whether senator menendez is sleeping with underage prostitutes. i have the answer to that question, it's not a wink. >> nod a wink? i don't know -- >> he's not sleeping with them, it's not a week. >> i no position on the story. i want to make that very, very clear. jim lacamp, what would you be buying now, after this phenomenal week, maybe we're overshooting a bit, how would you be playing it as we go into a new week? >> i like the emerging markets quite a bit. i would be looking to buy hong kong and mexico. here i
simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of the american people is not leveraged to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly because time is running short. >> now, house speaker john boehner responded quickly saying house republicans will do the right thing. they will be responsible, they will meet america's obligations and make sure the government does not shut down. he tried to take that specter off the table. but this is a very tough fight that's getting more and more problematic, larry, because the president said he's going to break the habit of crisis-driven fiscal negotiations. if he's going to succeed in that, somebody is going to have to break and it may have to be soon because treasury secretary geithner said this afternoon we could hit the debt ceiling and exhaust all the extraord
's definitely if i'm right not going to serve you well at all in 2013. >> one super quick. i noticed united health care did very well. the profit is good. would you buy it? would you buy health care insurers in general? >> i would. they'll do very well. buy the hospitals too. now they have no debt. because the government will pick them up, courtesy of mr. obama. >> you're not worried about price controls or partitioning, all the rest of it? >> not worried at all. >> fearless. very optimistic. i american it. >>> getting the economy moving is not just a federal government issue, but the states are in the battle too. we have one state governor who is trying to cut the tax burden for his people. in fact he's trying to eliminate it. later on in the show, we have blamed the weapons. we blamed mental health care. but what about the decline of the family and faith-based teachings about personal responsibility all over america? i think moral and religious deficit in this country plays a big role in these atrocities and in our cultural decline in general. we've got to face that fact. two prominent me
is entrusted to the u.s. congress to pass, it is not entrusted to the president of the united states. if president obama wants to change the immigration laws he should come down to congress and he should push for immigration reform. he should not attempt to unilaterally change the law, violate the law and violate the constitution. >> because last summer as you know very well, he waived deportation of the young kids who were brought in illegally. >> right. >> but doesn't the republican party have to deal with this in a more positive, constructive way? not just language and rhetoric, sir, as you have done so successfully in texas. but changing its own national policy on immigration? >> there is no doubt that republicans need to, number one, hold the line and remain serious about securing the border. but number two, we need to be a party and we need to be a country that welcomes and that celebrates legal immigrants who come here seeking the american dream. that's all of us, all of our parents fled oppression and came here seeking freedom. we need to champion that. >> let me go back to w
and responded and the investigation is focused on the battery unit where the fire was centered. officials say that the fire was the more serious unit. and they do not believe that this will ground the dream liner fleet. larry? >> all right. many, many, thanks we appreciate the update. by the way, it is becoming a stock market story. boeing stock shares fell. switching gears now. the debt ceiling may expire as early at february 15th. so, i want to know, if republicans are still embar ked on a government shut down no debt ceiling hike ckamakze mission. if the gop keeps talking about a shutdown and no debt ceiling. this is a mission of the first reign. >> i think it s considering that the white house has said repeatedly including today. that president obama is not willing to negotiate with the debt ceiling at all. but you do have senator mitch mcconnell coming out over the weekend saying that he is not all the way for a government shut down but it might be on the table. you have ted cruz saying that it may lead to less spending and more reform. he credited well welfare reform comparing it to the
... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >>> another good day for stocks, dow up 80 points to close at 13,471, the s&p up at 11 to end at 1,472. banks were market leaders today and it's a good sign for a growing economy. and the consumer discretionary sector, well, it's at that new all-time high. you know what my thought is? stocks are dissed in washington and more bullish on earnings than most experts are. and we'll have some from washington, but i'm going to play this from the optimistic side. >>> now, another story, the new "wall street journal" heritage foundat
. we'll hear from former united airlines chief. free market capitalism is the best path to prosperity. if washington doesn't screw it up we might have a better year in the economy. i'm larry kudlow, we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. . >>> did you know that middle class americans actually have more buying power today than ever before. this according to well-known economics professors. they totally debunk the leftist view that somehow taxing or punishing or redistributing the wealth of the rich will then middle class that may not need then. the lefties full of nonsense. it's a bunch of nonsense. here's robert rice former labor secretary and author of the book "beyond outrage." and jimmy is here. when you look at the study, you've done a lot of work on this. wh
was still saying it to the united nations. okay. that was his narrative. on the other hand, the cia, and some people in the state department said immediately this was a planned terrorist attack and al qaeda is back. don't tell us al qaeda is dead the way mr. obama tried to do. to me, it's that simple. why couldn't he go, a, b, the right narrative and isn't it true that al qaeda's back and your whole argument is wrong? >> well, there's two things. one, this was clearly just a promotional tour by obama. it was -- it's unclear whether they had seen the questions ahead of time or not. but there was one question -- >> you think they showed him the questions ahead of time. that's a significant charge. i've interviewed presidents on a number of occasions and i never would even think about showing them the questions. >> the reason why -- >> you think steve croft and "60 minutes" showed the questions? >> the reason i say that, at one point when obama's asked one of these tough questions, hillary's watching him with a smirk on her face waiting for obama to deliver that little story, the joke
a day. i don't see anything in the keystone good for the united states. >> i think the facts are wrong. i want to give you a shot at it, that china will control the industry and gasoline prices will be higher. i would think the improvement in the pipeline, getting it to refineries will make prices lowers. those are tyson's opening remarks. are they true or false? >> larry, you're right and tyson is wrong. shipping more oil from the canadian oil sands to the gulf will help the refineries down there, which are faced with lower and lower supplies from venezuela. the heavy oil in venezuela is similar to the heavy oil produced by the oil sands. so this will help. and tysons seems to think it's a bad thing. if we get the oil, that's great for the american economy and canadian economy. the oil will still be bought and sold in a global market and chan is -- china is a part of that, as is the united states. building the pipeline will help the america economy. >> tyson, you're trying to cover up your basic argument, which is you hate fossil fuel and want to stop this at almost all cost. today we
of the united states government. it doesn't threaten the ability to operate the government. those are fundamentally different issues. i don't think the american people care whether the senate has passed a budget because it doesn't have any impact on the government's operations. >> it does force, if the senate ever passes a budget, it does force them to come out and say this is what our values system says we want to spend money on right now. if they want to increase spending that's very politically unpopular and they're going to have to own that. but to your point and to your point and everybody's point, republicans don't ever want to say they want to cut anything specifically and they're kicking that down the road another three months at least. >> can i just say, i could buy into your opening salvo that the republicans are being clever in some respects. no government shutdown. no debt ceiling default. okay. but mark, the problem i have is they refuse to talk about the across-the-board automatic spending cuts in the so-called sequester. it's about 80, $100 billion this year and $1.
it with revenues. if we have 41 republicans united we can stop that. we have the house of r representatives that tax increases is going to be a non starter. i'm confident that larry, republicans are going to be able to stop this from happening. they see real spending cuts happening on the horizon. >> so you will stick to it. paul ryan came out on sunday. this is the only spending cuts i see on the horizon, sir. will you commit that you will stand, you, the others, will you stand behind this thing? >> right, we will. and we got, defense hawks on the republican caucus that are concerned on the impact on the military we all are. and that is why we have proposed election that have replaced some of that spending cuts in the budget. but to your point, we have to stay committed and that is that we are going to reduce spending. we need to honor the american taxpayers deserve that. >> just as a last thought. we are five months into this deal. we are going to do march first. that is $24 billion lower in spending cuts. it seems to out of a $3.8 trillion budget you are down to 55 or $60 billion and mos
they are in the dominican republic or the united states. again a review of the records and see if they can cut a deal with the doctor and get him to testify. ultimately, he would not be the ultimate target. he would be someone they would want to turn. they will work on putting pressure on the doctor, seeing if they can get him to cooperate. >> joe, thank you very much. david, thank you very much. we'll switch gears now. the stock market rally paused today but did the fed give investors anything to worry about? we'll look into the fed, your money and stocks next up. [ male announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. c
Search Results 0 to 19 of about 20